Hampton VA Homes with A.W.E. Bassette Elementary Elementary school

Hampton VA Homes with A.W.E. Bassette Elementary Elementary school

Welcome to Hampton, Virginia, a vibrant city brimming with history, culture, and a strong sense of community. Nestled along the picturesque shores of the Chesapeake Bay, Hampton offers residents a unique blend of coastal charm and urban convenience. With its rich maritime heritage, residents can explore a variety of attractions, including the historic Fort Monroe, the Virginia Air & Space Science Center, and the beautiful Hampton University campus.

For families looking for an ideal place to settle down, the area surrounding A.W.E. Bassette Elementary School is particularly appealing. This highly regarded school is known for its commitment to academic excellence and nurturing environment, making it a top choice for parents seeking quality education for their children. Homes in this neighborhood are not just structures; they are part of a community that values education and family life.

The real estate market in Hampton is diverse, offering everything from charming single-family homes to modern townhouses, catering to various lifestyles and budgets. Many properties are conveniently located near parks, shopping centers, and recreational facilities, ensuring that everything you need is just a stone’s throw away.

Whether you’re a first-time homebuyer or looking to upgrade, the homes in Hampton near A.W.E. Bassette Elementary provide an excellent opportunity to invest in a thriving community. Experience the warmth of Hampton living, where every day feels like a new adventure, and your dream home awaits! Come discover why so many families are proud to call this beautiful city their home.

Newest Hampton VA Homes with A.W.E. Bassette Elementary Elementary school

$725,000
10654943 MLS
**GREAT INVESTMENT OPPORTUNITY – 7-UNIT MULTIFAMILY PROPERTY!** Fully occupied income-producing property offering immediate cash flow with multiple opportunities for future upside. Recent improvements include **new mini-split systems, updated electrical, a new roof in 2021, and new flooring and windows in 5 of the 7 units**. Current rent roll includes several month-to-month tenancies, providing a future owner flexibility to evaluate lease terms and bring rents toward market levels as appropriate, while longer-term leases provide additional stability. Additional income/NOI potential may exist through implementation of tenant utility reimbursement or tenant-paid utility structures where legally permissible and subject to existing leases and utility configuration. Situated on approximately **0.5186 acres (22,591 SF)** with approximately **5,210 SF of building area**, the property also offers an intriguing additional development component: the front portion of the site is currently being evaluated for possible subdivision. No value for a potential subdivided parcel is included in the current financial projections, and any subdivision or development is subject to governmental approval and buyer due diligence. An excellent opportunity for investors seeking an income-producing multifamily asset, portfolio addition, or potential **1031 exchange replacement property**. **Current rent roll, survey, and preliminary pro forma are uploaded under Documents for review.**

406 South Armistead Avenue, Hampton

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Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions.